Live Oak Acquisition Corp. V (TMS) vs Tejon Ranch Co (TRC)

Live Oak Acquisition Corp. V and Tejon Ranch Co are both Conglomerates companies. Tejon Ranch Co is the larger, with a market value of $447.5M against $402.5M — 1.1× the size. Live Oak Acquisition Corp. V has negative trailing earnings, so its P/E is not meaningful; Tejon Ranch Co trades at 72.3×. Tejon Ranch Co has the higher net margin (10.6% vs 0.00%) and the lower return on invested capital (−0.06% vs 31.1%). Across the 14 metrics below, Tejon Ranch Co leads on 9 and Live Oak Acquisition Corp. V on 5.

Valuation

Metric TMS TRC Conglomerates median
P/E n/m 72.34 16.16
P/S n/m 7.75 0.80
P/B 2.66 0.89 1.50
Price to free cash flow n/m n/m 12.10
EV/EBITDA 3.38 84.42 11.13
EV/Sales n/m 9.21 1.25
Earnings yield (24.60%) 1.38% 0.37%
Free cash flow yield (1.91%) (4.18%) (0.75%)

Profitability

Metric TMS TRC Conglomerates median
Gross margin — 16.08% 33.55%
Operating margin 0.00% (0.91%) 2.86%
Net margin 0.00% 10.62% 0.49%
Free cash flow margin 0.00% (42.78%) (0.47%)
Return on equity 0.00% 1.23% 0.27%
Return on assets 0.00% 0.96% 0.00%
Return on invested capital 31.08% (0.06%) 1.29%

Growth

Metric TMS TRC Conglomerates median
Revenue growth (TTM) — 25.45% 8.17%
EPS growth (last fiscal year) (77,435.14%) (97.40%) (8.46%)
Revenue growth, 5-year CAGR — 5.56% 6.01%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric TMS TRC Conglomerates median
Debt to equity 2.64 0.19 0.51
Current ratio 0.73 2.92 1.77
Net debt to EBITDA 0.15 (32.76) 1.29

Dividend

Metric TMS TRC Conglomerates median
Dividend yield — — 3.06%
Payout ratio — — 0.30

Size

Metric TMS TRC Conglomerates median
Market cap 402.52m 447.48m 425.00m

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